"if a stock sits underneath a swing high for a few days without pulling back, the equity is building strength to take the swing high out(surpass it). volume may not need be very intense at this phase." TOM O'BRIEN
Related to yesterdays volume...light and just underneath the swing point high of .17.....todays volume was the first test of the swing high.....either tomorrow we will lighten up on the volume and stay put ....before breaking out next week....or we shall breakout tomorrow......none the less we shall breakout in coming days.
MRX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held